Address: Smithfield, NC
Asking Price: $75,000
Zoning: Potential GB – General Business
Parcel ID: 04N11193B
Buyer to verify zoning and permitted use via Johnston County GIS
Why This Property?
Positioned directly on US-70 W — a major commercial artery through Johnston County — this parcel is a golden play for investors seeking high-visibility, highway-frontage commercial real estate. With General Business (GB) zoning likely in place, it’s primed for a wide range of by-right commercial uses:
Retail (convenience, strip centers, general merchandise)
Restaurants (QSR, drive-thru potential*)
Medical or professional offices
Automotive (sales, service, repair – conditional)
Light warehousing / distribution
Hotels, motels, service businesses (salons, gyms, etc.)
Investor Snapshot
This site is best suited for:
- Commercial pad development (fast food, car lots, gas, etc.)
- Office or medical suites
- Mixed-use (with zoning approval for residential over retail)
- Land banking with future retail or service use upside
Zoning supports high-traffic commercial development — especially if public water/sewer is available (verify locally). Residential? Only possible via rezoning or conditional use approval.
Straight Talk: What to Know
- GB zoning does not mean “do anything” — some uses require site plans, conditional permits, or DOT access reviews.
- Confirm exact zoning and overlays using Johnston County’s MapClick GIS Tool.
Market Comps & Nearby Land Values
To help investors size up the $75,000 asking price, here are real-world nearby land and commercial comps in Smithfield / Johnston County:
Nearby Commercial & Land Listings
- Vacant commercial lots $60,000–$80,000+ — similar smaller parcels in the area (0.5–1.1 acres)
- Larger commercial parcels $150,000–$495,000+ — for retail/mixed-use dev (~0.9–2+ acres)
- Commercial buildings $875,000–$1.3M+ — in core Smithfield retail zones
These comps show that land in this market frequently prices under $100K–$200K, making $75K highly competitive for highway frontage.
Note: Active listings used due to limited public access to sold comp data.
Why Buy in Smithfield, NC?
Smithfield is more than a pass-through town — it’s a rising commercial and cultural hub in Johnston County.
Growth & Location Advantages
- Within the Raleigh metro trade area — benefits from overflow growth
- Direct frontage on US Highway 70 — heavy traffic and visibility
Business-Friendly Environment
- Diverse inventory shows strong commercial development activity
- Town and county support corridor-based business growth
Things to Do in Smithfield
- Ava Gardner Museum — iconic film history spot
- Carolina Premium Outlets — regional retail draw
- Buffalo Creek Greenway and local parks for recreation
- Historic Downtown — shops, cafes, events
- Neuse Little Theatre and seasonal festivals
Why Buy Here Now?
Value Entry Point — Sub-$100K commercial land on a highway is rare
Multiple Exit Options — Retail, office, service, or future mixed-use
Strong Demand Drivers — Raleigh proximity + highway traffic + local amenities
Investor Momentum — Active commercial listings + supportive zoning
Final Word
4717 US Hwy 70 W offers a strategic land position in a market with:
- Documented demand for commercial use
- Real comps to validate pricing
- Lifestyle and tourism draws to fuel traffic
Move quick. Submit offers.
Contact Us:
- Janice Shearin – 252-326-1197
Dwight Cox – (919) 944-7248jdrealestategroup@yahoo.com